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OurMoneyMarket car loans

OurMoneyMarket works differently from a traditional bank. It is a marketplace lending service which connects borrowers looking for car loans to retail and wholesale investors who want to receive interest from their funds.

OurMoneyMarket is an online-only operation, which means it doesn’t have branches. You can apply for loans online, however you can also call its customer service line if you need help.

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Alison Cheung
Alison Cheung

Finance Writer

Content updated

Product data updated

Why choose OurMoneyMarket

Benefits

  • Fixed rate interest
  • No early repayment or exit fees
  • No
  • No ongoing account-keeping fees

Drawbacks

  • No secured loans available
  • No variable-rate loans
  • No branches
  • Establishment fee charged

OurMoneyMarket Car Loans

Car Loans calculator

Use our car loan calculator to see how much you’d have to repay under different borrowing scenarios.

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Your estimated repayments

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based on a $30,000 loan for 5 years at -

Total loan repayments

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Total interest charged

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.